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VT Senate Considers Major Increase in Employer Healthcare Assessment

Date: April 24, 2014

The Senate Finance Committee is debating H.884, Misc. Tax Bill, to include significant changes to the employer healthcare assessment (formally known as the Catamount Assessment), in order to raise more money from small businesses.

Changes in the draft released April 23 include:

  • Elimination of the exemption of 4 employees - This will cost every employer with fewer than four employees an increased assessment $1,500 per year!
  • Requires employers, who offer insurance, to ask their employee’s not accepting employer coverage if they are on Medicaid – This puts employees in an awkward position, but politicians say it will raise $2.0 million from employers, so too bad for the awkwardness.
  • Politicians are considering an increase in the assessment amount, yet to be determined.

The employer healthcare assessment calculation is done on a quarterly basis (currently $119.12 per quarter per uncovered employee or $476.48 per year per employee. This amount increases annually.). Many new employers will begin paying this fee and most others will pay significantly more.

NFIB/VT urges you to contact your Senator(s) on the Senate Finance Committee as soon as possible.

Senate Finance Committee

Sen. Tim Ashe, Chittenden County, Chair, tashe@leg.state.vt.us
Sen. Mark A. MacDonald, Orange County, Vice Chair,
mmacdonald@leg.state.vt.us
Sen. Christopher Bray, Addison County, cbray@leg.state.vt.us
Sen. Peter W. Galbraith, Windham County, pgalbraith@leg.state.vt.us
Sen. Robert M. Hartwell, Bennington County, rhartwell@leg.state.vt.us
Sen. Virginia "Ginny" Lyons, Chittenden County, vlyons@leg.state.vt.us
Sen. Kevin Mullin, Rutland County, kjmbjm@aol.com

Also you should always directly contact John Campbell, President Pro Tempore of the Senate by emailing at
JCampbell@leg.state.vt.us or call 802-828-3806.

You may also call the State House, 800-322-5616, to leave a message that will be delivered directly to them.

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